First Solar names executive to help grow in China

(Reuters) - First Solar Inc appointed Bruce Yung as managing director of business development for China as the largest U.S. solar panel maker looks to expand in the country. China is looking to aggressively scale up its solar market. The country last month hiked its 2015 target for solar power capacity by 40 percent to about 21 gigawatt (GW), the third increase in just over a year. The appointment will help expand the market for utility-scale solar power plants in China, First Solar said in a statement. ...

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